Question 3 The following selected information (in thousands) is available for Ru

Question

Question 3 The following selected information (in thousands) is available for Runner Limited Total assets Total liabilities Interest expense Income tax expense Net income Cash provided by operating activities Net capital expenditures Dividends paid on common shares 2018 2017 $3,884$3,685 2,1851,951 24 150 375 581 298 90 16 176 405 858 398 109 Calculate all possible solvency ratios for 2018 and 2017. (Round answers to 1 decimal place e.g. 6.2. Enter free cash flow amounts in thousands.) 2018 2017 Debt to total assets Free cash flow Interest coverage times times

Explanation / Answer

Debt to total assets = Total laibilities/Total assets 2018 56.3% =2185/3884 2017 52.9% =1951/3685 Free cash flow = Net cash provided by operating activities-Capital expenditure-Dividends paid 2018 351 =858-398-109 2017 193 =581-298-90 Interest coverage = Income before interest and tax/Interest expense 2018 37.3 =(405+16+176)/16 2017 31.2 =(375+224+150)/24

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